1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
ella [17]
2 years ago
14

How much did Briana save by purchasing a backpack that cost $45 with a sales promotion of 20% off instead of a backpack that cos

t $42 with a sales promotion of 10% off? $1. 80 $3. 00 $4. 80 $6. 90.
Business
1 answer:
Mashutka [201]2 years ago
3 0

The correct statement will be that Briana saved about $1.80 for purchasing such a backpack costing $45 with 20% sales promotion. So, the correct option that matches the statement is A.

Sales promotion can be calculated by applying the values and subtracting the percentage of sales promotion from the cost of backpacks and comparing such values.

<h3>Sales promotion </h3>

  • Sales promotion is a technique which is used to drive and grow the sales of a business in order to gain more customer base and promoting the brand of the business.

  • The sales promotion can be calculated as using the formula given below,

  • \rm Discounted\ Cost= {Actual\ cost}-{Percentage\ Of\ Sales\ Promotion}

  • Now we will put the values given to us in both the costs of the backpacks and the sales promotion with values as $45 with 20% discount and $42 with 10% discount respectively.

  • \rm Discounted\ Value\ Of \ Backpack\ 1= \$45-20\%\\\\\\\rm Discounted\ Value\ Of \ Backpack\ 1=\$36

  • Now calculating the cost of backpack 2,

  • \rm Discounted\ Value\ Of\ Backpack\ 2= \$42-10\%\\\\\\\rm Discounted\ Value\ Of\ Backpack\ 2=\$37.8

  • Now we can compare the cost saved by Briana by comparing the rates of the two backpacks as under.

  • \rm Cost\ Saved\ By\ Briana= Backpack\ 2- Backpack\ 1\\\\\\\rm Cost\ Saved\ By\ Briana= \$37.8-\$36\\\\\\\rm Cost\ Saved\ By\ Briana= \$1.8

  • So we can conclude that Briana was able to save $1.8 from such sales promotions being offered on the two backpacks.

Hence, the correct option is A that the total savings of Briana by purchasing such backpack costing $45 were $1.8.

To know more about sales promotion, click the link below.

brainly.com/question/13975307

You might be interested in
Determine the missing amounts.Unit SellingPriceUnit VariableCostsUnit ContributionMarginContribution MarginRatio1. $650 $390 $en
tatiyna

Answer:

I tried to order the information and prepared the following table:

                                                  Product A           Product B        Product C

Unit Selling Price =                        $650                $200              <u>e)$2,300</u>

Unit Variable Costs =                    $390               <u>c)$108</u>              <u>f)$1,495</u>

Unit Contribution Margin =          <u>a)$260</u>                  $92                $805

Contribution Margin Ratio =         <u>b)40%</u>               d)<u>46%</u>                 35%

contribution margin ratio = (revenue - cogs) / revenue     or      

contribution margin ratio = contribution margin / revenue

8 0
2 years ago
Chip used the local yellow pages to compile a random sample of 100 small businesses to take part in his experiment about hiring
mel-nik [20]

From the given description, Chip is using an experimental design called (A) matching.

Matching <u>is a type of experimental design where the researcher divide his or her samples into two groups of treatment conditions, which serves to ensure that before the treatment, both groups have the samples with the same characteristics, thus ensuring that the results of the experiment would not be influenced by any confounding variables that the samples have.</u>

Chip is doing this to ensure that samples that have been influenced by other variables which determine their decision to hire are distributed evenly in both the experimental and control group.

5 0
2 years ago
So I want to say that I want to be a police or an FBI but also want to be a business woman what do I do or what do I need to kno
tangare [24]
If u are good at communicating and u are good at making decisions be a businesswomen. if ur good in history and u do a sport and can be alert be a police officer. follow ur gut don’t feel pressured and than regret taking it. remember people still don’t know their major in college so don’t rush.
6 0
3 years ago
Because of the substitution problem, the cpi tends to overstate the true change in the price of the typical basket of consumer g
butalik [34]

It is true that because of the substitution problem, the CPI tends to overstate the true change in the price of the typical basket of consumer goods.

<h3>What is CPI?</h3>
  • A consumer price index measures a market basket of goods and services that households have purchased at a weighted average price.
  • The measured CPI fluctuates to reflect changes in prices over time.
  • One of the most popular methods for determining inflation and deflation is the CPI.
  • An essential gauge of an economy's health is inflation. The CPI and other indexes are used by governments and central banks when making economic decisions.
  • The decision to raise or cut interest rates is crucial among these.
  • If the CPI increases, it indicates that the average rate of change in price over time has increased. The cost of living and income are eventually changed as a result of this.

Learn more about CPI here:

brainly.com/question/14453270

#SPJ4

7 0
1 year ago
The February contribution format income statement of XYZ Corporation appears below: Sales $ 169,500 Variable expenses 96,000 Con
Liono4ka [1.6K]

Answer:

degree of operating leverage= 4.742

Explanation:

Giving the following information:

Contribution margin 73,500

Net operating income $ 15,500

<u>To calculate the degree of operational leverage, we need to use the following formula:</u>

degree of operating leverage= Total contribution margin / operating income

degree of operating leverage= 73,500 / 15,500

degree of operating leverage= 4.742

4 0
2 years ago
Other questions:
  • You observe that a firm's ROE is above the industry average, but both its profit margin and equity multiplier are below the indu
    14·1 answer
  • Which of the following accounts would be closed at the end of the year using the perpetual inventory​ system? A. Accounts Payabl
    7·1 answer
  • Suppose a stock had an initial price of $70 per share, paid a dividend of $2.30 per share during the year, and had an ending sha
    11·1 answer
  • A company sells children’s sleds for $70 each. The firm has variable costs per unit of $35 and total fixed costs of $120,000. Wh
    14·1 answer
  • Order: 20,000 units heparin IV in 250 mL to infuse at 25 units/kg/hr. Client weighs 184 lb. How many units per hour will the cli
    12·1 answer
  • The articles of incorporation are submitted by the incorporators to the ____ for approval a. Irs . B. Office of the Secretary of
    10·1 answer
  • Sales Mix and Break-Even Analysis Einhorn Company has fixed costs of $105,000. The unit selling price, variable cost per unit, a
    11·1 answer
  • A proposed new investment has projected sales of $515,000. Variable costs are 44 percent of sales, and fixed costs are $128,500;
    9·1 answer
  • Activities performed by an applicant after an interview intended to express continued interest in employment with the
    12·2 answers
  • poornima gupta is retiring soon, so she is concerned about her investments providing her steady income every year. she is aware
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!